ADT 2.93% $3.31 adriatic metals plc

Since just before the construction capital funding raising ADT...

  1. 153 Posts.
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    Since just before the construction capital funding raising ADT seems to have had only disappointing announcements. Contrary to Paul's public statement, a substantial dilution of shareholders equity was required after all, construction progress was then horribly longer than planned, they got connection to the power grid much later than planned, the logistcs are now suspect, they were surprised by bad ground conditions and need now almost a year to cope with that, the reversed course on contract mining, the results of latest drilling have not been released pointing to disappointments and a Supreme Court decision that is throwing up obstacles and seems to have come as a surprise. So, yes criticism of Paul is fully warranted. Even if he is not to blame for each individual problem, there is a pattern of f%$ck ups. And he will ALWAYS let retail investors know last.

    We will have to wait for the Activities report to get some better insight in performance and progress. So much for communication.
 
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